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UltraVolt, Inc.

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UltraVolt, Inc.

UltraVolt, Inc. located in Ronkonkoma New York was founded in 1990 to take advantage of over 35 years of experience in high-voltage power supply design and manufacturing. UltraVolt manufactures and distributes a standard line of high-voltage power supplies used in many complex products, including medical equipment, laboratory diagnostic equipment, aerospace and industrial equipment and semiconductor fabrication and test equipment.

Riverside is one of the leading private equity firms investing in premier companies at the smaller end of the middle market, focusing on industry-leading companies valued at $10 million to $150 million. Riverside has offices in New York, Cleveland, Dallas, San Francisco, Atlanta, Chicago and Los Angeles.

OEM Capital is a merger and acquisition advisory firm with its primary focus on electronics, communications, software and information technology companies. Its professionals have extensive experience in the industries that they cover. As a member firm in the International Network of M&A Partners, (IMAP), OEM Capital is able to expose its clients to potential acquirers in every major technology market in the world. IMAP is the oldest and largest network of independent M&A advisory firms with over 60 members located throughout the world. A key factor in maximizing the price to the seller was the active participation of IMAP member firms around the world, many of whom actively participated in identifying and contacting strategic and financial buyers from as far away as Japan, Finland and Germany.

OEM Capital’s success with sell-side clients illustrates that superior valuations can be realized for the selling shareholders by a well executed approach to a sale or divestiture by merger and acquisition professionals who are knowledgeable about the industry and the intentions of its participants.

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Temptronics Intest

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Temptronics Intest

Temptronic Corporation, a closely held company based in Newton , Massachusetts is a technology and market leader in the design and manufacture of equipment used to provide in-situ temperature cycling for production and development stage electrical testing of semiconductor wafers and electronic devices.

InTest Corporation, a publicly held company (Nasdaq INTT) based in Cherry Hill, New Jersey is a leader in the design and manufacture of docking hardware, test head manipulators and tester interfaces which are used with automatic test equipment by semiconductor manufacturers during the testing of wafers and packaged devices.

OEM Capital , which had assisted the company in its recapitalization a few years before, was asked back to assist Temptronic Corporation in managing the sale or merger of its business to help unlock shareholder value. As the company and its industry was rebounding from a depressed semiconductor capital equipment market, we believed that the best way to command a premium price in a tax advantaged way would be by merging it with an attractive, publicly traded company.

OEM Capital worked closely with management and used our industry contacts to network with a number of key executives at the companies we had targeted. Interested parties were then invited for a detailed presentation on the prospects of the business and an opportunity to interact with senior management.

As a result of our management of the sale process, Temptronic’s shareholders were able to realize a multiple of revenues valuation for their company that was more than five times that of a recent business appraisal . At the same time, InTest shareholders benefit from a merger that is accretive to its earnings per share and provides an opportunity for an increased price-to-earnings multiple arising from a higher market capitalization and the larger number of shares in its public ‘float’.

Our success with Temptronic Corporation illustrates that superior valuations­ can be realized for shareholders by a well executed approach by merger and acquisition professionals who are knowledgeable about the industry and the intentions of its participants.

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Spire Biomedical

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Spire Biomedical

Spire Corporation, a publicly held company (Nasdaq: SPIR) based in Bedford, Massachusetts is a technology leader in the manufacturing of compound semiconductor wafers used in high bandwidth applications, a supplier of manufacturing equipment for assembling photovoltaic modules from solar cells, and a provider of ion implant services for implantable medical devices.

OEM Capital was asked to assist Spire Corporation in managing the sale of the business to one or more buyers to maximize shareholder value. Since the businesses were largely unrelated, we developed a sales program to find and secure synergistic buyers for each business in order to maximize shareholder­ value.

OEM Capital worked closely with the management to isolate the performance of each business and the recasting of historical and budgetary financial data showing the performance of each business and tying the results to the company’s audited financial statements.

Our marketing program elicited several attractive offers. A select group of bidders were invited to meet with management and receive a detailed presentation of the business. As a result of our involvement, Spire Corporation was able to conclude an attractive transaction in a timely manner. The buyer, who wishes its name to remain confidential, secured certain rights to Spire’s ion implant technology for a medical application.

Our success with Spire Corporation illustrates that, whether a business is healthy, under performing or distressed, superior valuations­ can be realized for the selling shareholders by a well executed sales approach by merger and acquisition professionals who are knowledgeable about the industry and the intentions of its participants.

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electronics_Stanton

Stanton Diamagnetics

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Stanton Diamagnetics

Stanton Magnetics, Inc., a closely held company based in Plainview, New York, supplies­ audio microphones, headsets and magnetic pickups to the industrial, commercial and consumer markets under its own name and its Pickering® brand. Diamagnetics, Inc., a closely held company located in West Palm Beach , Florida is an independent contract manufacturer of precision electro-magnetic and electronic products having the same controlling shareholder.

Stanton Acquisition Co., L.L.C. is a privately held company based in Hollywood , Florida . Its shareholders also own a manufacturer and importer of audio electronics.

OEM Capital was asked to assist Stanton Magnetics, Inc. and Diamagnetics, Inc., an affiliated company but with different ownership, in selling their operating businesses. Since the businesses were related, we developed a sales program to find and secure a synergistic buyer for the both businesses in order to maximize shareholder­ value.

OEM Capital worked closely with the owners and management to groom the companies for sale.

We recommended an organizational realignment, assisted in the preparation of budgets and financial projections. We recast detailed historical and budgetary financial data showing the performance of each product line and tying the results to each company’s financial statements.

Our marketing program elicited several offers and three of the more attractive bidders were invited to meet with management. As a result of our involvement, our clients were able to conclude the sales simultaneously in a timely manner, realize­ a premium cash flow multiple and have all employees hired by the purchaser­.

Our success with Stanton Magnetics, Inc. and Diamagnetics, Inc. illustrates that, whether a business is healthy, underperforming or distressed, superior valuations­ can be realized for the selling shareholders by a well executed sales approach by merger and acquisition professionals who are knowledgeable about the industry and the intentions of its participants.

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Technifor SA

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Technifor SA

Technifor SA, based in Miribel France , is the world’s first manufacturer of micro-percussion direct part marking machines for quality control, automatic identification and permanent traceability on metallic or plastic parts. The company also supplies camera based and handheld vision systems for verifying that the correct code has been marked, and for monitoring the marking quality. The company has over 20,000 machines installed worldwide and over 20 years of experience in component marking and data tags using impact, scribing and laser methods .

Castle Harlan, Inc., a US private equity firm was established in 1987 . CHPIII, an investment partnership established in 1997 with $630 million of committed capital is its third fund. Castle Harlan is also an investor in Gravograph Industrie International, the world’s leading manufacturer of engraving equipment under the Gravograph and Hermes brands.

OEM Capital was asked by Societex SA, a French firm serving as the exclusive financial advisor to Technifor SA and, along with OEM Capital , a member of the International Association of Merger and Acquisition Professionals, to assist it in the sale of Technifor SA by identifying and contacting potential buyers in the US .

OEM Capital worked closely with Societex SA to develop a marketing program aimed at soliciting interest from strategic acquirers. This program elicited a number of interested parties, from which a few were selected to meet with management and receive a detailed business presentation.

Our success with Technifor SA illustrates that superior results can be realized by a well-executed sales approach by merger and acquisition professionals who are knowledgeable about the industry and the intentions of its participants and who are connected to a worldwide network of experienced professionals.

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Teksoft

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Teksoft

TekSoft, Inc. develops software for integrating wire frame and solids modeling design with CNC machining, turning and fabricating equipment. Cimtronics, Inc. is a reseller of computer assisted manufacturing software. The company’s parent, OnCourse Technologies, Inc., is a public company that develops, markets and supports proprietary software for manufacturing.

Geometric Software Solutions Co. Ltd., headquartered in Bombay , India , provides product life cycle management solutions to the global mechanical design, manufacturing and industrial markets. The company employs over 1,000 software professionals at its offshore development centers and has wholly owned subsidiaries in the US , Asia and Europe .

OEM Capital was asked by Mertz Associates, Inc. a Milwaukee based firm serving as the exclusive financial advisor to OnCourse Technologies, Inc. and, along with OEM Capital , a member of the International Association of Merger and Acquisition Professionals, to assist it in the sale of TekSoft, Inc. and Cimtronics, Inc. by helping to position the company for a sale and identifying and contacting potential buyers.

OEM Capital worked closely with Mertz Associates, Inc. to develop a marketing program aimed at soliciting interest from strategic acquirers. This program elicited a number of interested parties, from which a few were selected to meet with management and receive a detailed business presentation.

Our success with OnCourse Technologies, Inc. illustrates that superior results can be realized by a well-executed approach by merger and acquisition professionals who are knowledgeable about the industry and the intentions of its participants.

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Summitek

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Summitek

Summitek Instruments, Inc., a closely held company based in Englewood , Colorado , is a technology leader in the development of interference testing instrumentation for wireless applications.

Smiths Group plc, a publicly traded company headquartered in London, England with annual revenues over US$5,000 million, is focused on avionic systems, medical equipment, seals, and electrical interconnect systems, components and devices. The acquisition of Summitek Instruments, Inc. expands its activities in specialized products for electronic and microwave applications in the aerospace, space, defense and communications sectors.

OEM Capital was asked to assist Summitek Instruments, Inc. in managing the sale of its business to maximize shareholder value. Its shareholders believed that, in light of significant market opportunities for its products and technology, it was strategically important that it become part of a larger company.

OEM Capital worked closely with the management to groom the company prior to beginning its marketing program. We assisted in strategic planning, including the preparation of multi-year financial projections, and developed a marketing program aimed at soliciting interest from strategic acquirers. This program elicited several attractive offers and a selected group met with management and received a detailed presentation of the business.

As a result of our involvement, Summitek Instruments, Inc. was able to conclude a transaction in a timely manner with a cash price at closing of almost two times the company’s current year revenues plus a significant earn-out opportunity.

Our success with Summitek Instruments, Inc. illustrates that superior valuations can be realized through a well-executed sales approach by merger and acquisition professionals who are knowledgeable about the industry and the intentions of its participants.

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computers_and_peripherals_Titan

Titan

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Titan

Titan Electronics, a division of The Titan Corporation (NYSE: TTN) located in San Diego, California, is a specialty supplier of VME and Multibus products sold predominantly to prime defense contractors worldwide. These products provide real-time computing capabilities in harsh environments.

SCI Technology, Inc., a, wholly owned subsidiary of SCI Systems, Inc. (NASDAQ), is located in Huntsville , Alabama . SCI Systems, Inc. is a diversified, multibillion dollar electronics company with worldwide operations which sell into the computer, aerospace, defense, telecommunication, medical and entertainment industries.

OEM Capital was engaged to assist Titan in finding a buyer for its Electronics Division, which no longer fit Titan’s new corporate strategy of focusing on information systems and services to commercial and government customers. Working with management, we prepared marketing materials to best reflect the incremental profit contribution that could be realized by a synergistic acquirer. We then initiated a sale process which was timed to coincide with the improving fortunes of the business.

OEM Capital contacted over 100 companies in the US and abroad who we believed could have a serious interest. After developing a competitive bidding environment, the final price realized was substantially above offers Titan Corporation had received immediately prior to our involvement in the sale process. In addition, during the period of our active involvement, Titan Electronics was able to ship almost all its order backlog and receive the full benefit from these revenues.

Our success with Titan Electronics illustrates that, whether a business is healthy or distressed, superior valuations can be realized for the selling shareholders by a well executed approach to a sale or divestiture by merger and acquisition professionals who are knowledgeable about the industry and the intentions of its participants.

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Communications_Trident_VCI

Vertical Circuits, Inc.

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Vertical Circuits, Inc.

Vertical Circuits, Inc., Scotts Valley, California, is a supplier of high density semiconductor memories and services to commercial, aerospace, and military customers. VCI was formed by the merger of TRW Components International, a unit of TRW, Inc., now a subsidiary of Northrop Grumman Corporation, and Cubic Memory Inc. The Aerospace Engineering Services Division, located in Torrance, California, has three business units: a supplier of high reliability electronic components and design support services to the space industry; a provider of custom, turnkey ground stations for the commercial space industry; and, a developer of aerospace qualified, high density semiconductor memories.

Admiralty Partners, Inc. Los Angeles, California is a private investment firm which invests in the aerospace, defense, and federal information technology industries.

OEM Capital is a mergers and acquisition firm with its primary focus on electronics, communications and information technology companies. As a member firm in the International Network of M&A Partners, it exposes clients to opportunities in every major technology market in the world.

OEM Capital was engaged to assist VCI in finding a buyer for its AES Division, an ongoing part of VCI’s strategy to address and focus on high growth, high volume commercial opportunities for semiconductor die stacking technologies, services, and products for the computer, telecom, and consumer electronics markets. Because of the varied nature of the AES Division’s business units and the close sharing of resources between them, it was impractical to offer each unit separately. We prepared marketing materials to best reflect the business opportunity, contacted companies and private investment firms in the US and abroad who could have a serious interest, and initiated a competitive sale process.

Our success with Vertical Circuits illustrates that superior valuations can be realized for the selling shareholders by a well executed approach to a sale or divestiture by merger and acquisition professionals who are knowledgeable about the industry and the intentions of its participants.

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Electronics_Hughes_Leeds

Leeds Electronics

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Leeds Electronics

Leeds Electronics, headquartered in Chicago, Illinois, is a well-regarded distributor of electro-mechanical and passive electronic components that are sold to commercial and industrial customers. Leeds was established in 1987 and has offices in five states in the Midwest (Illinois, Wisconsin, Minnesota, Indiana, and Ohio).

Hughes Peters, headquartered in Dayton, Ohio, is a distributor of electronic components and supplier of value-added services with offices in for states (Ohio, Pennsylvania, Michigan, and Texas). With its acquisition of Leeds Electronics, the second in a year for Hughes Peters, the company has significantly expanded its geographic footprint in the Midwest and augmented its product line card.

OEM Capital is a merger and acquisition advisory firm with its primary focus on electronics, communications, software and information technology companies. Its professionals have extensive experience in the industries that they cover. As a member firm in the International Network of M&A Partners, (IMAP), OEM Capital is able to expose its clients to potential acquisitions in every major technology market in the world.

OEM Capital was engaged to assist Leeds in finding a buyer. It prepared marketing materials to best reflect the business opportunity and then contacted companies in the US and abroad who it believed could have a serious interest. Through a competitive sale process, a premium valuation was secured.

OEM Capital’s success with Leeds illustrates that superior valuations can be realized for the selling shareholders by a well executed approach to a sale or divestiture by merger and acquisition professionals who are knowledgeable about the industry and the intentions of its participants.

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